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Kids Desire Financial Education But Don't Get It, Survey Finds

A survey financed by card issuer Capital One has found that while a majority of teenagers desire to get some sort of education about how to manage their money, most never get any.

By David Morrison | Updated on July 17, 2007

MCLEAN, Va. — A survey financed by card issuer Capital One has found that while a majority of teenagers desire to get some sort of education about how to manage their money, most never get any.

According to the issuer’s 7th annual back-to-school spending survey, 52% of teenagers surveyed want to learn how to manage money and 80% believe doing so will help them in the future. At the same time the survey found that 86% of the teenagers surveyed have never taken a personal finance class in school and 35% want their parents to teach them.

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